Materion Announces Supply Contract with Lockheed Martin

Materion Brush Beryllium & Composites, a Materion Corp. (NYSE: MTRN) business, announced it has received a supply contract from Lockheed Martin for proprietary AlBeCast aluminum-beryllium investment cast components for the F-35 Lightning II’s Electro-Optical Targeting System (EOTS). Terms were not disclosed.

Materion is the current supplier of AlBeMet, an aluminum-beryllium composite alloy, for EOTS. Aluminum-beryllium materials and castings provide cost/benefit advantages for customers requiring a combination of ultra-light weight, stiffness, mechanical stability and thermal properties.

“We have made a significant investment in advancing our casting technology, and this contract adds to our growing number of sales orders in the defense and semiconductor markets,” said Lawrence Ryczek, vice president and general manager, Brush Beryllium & Composites.

The AlBeCast casting investment follows the installation and ongoing ramp-up of the primary beryllium production facility at Materion’s Elmore, Ohio, operation undertaken through a private-public partnership between the company and the U.S. Department of Defense. This primary production capability supports the beryllium product lines for defense as well as critical civilian needs. Materion is the world’s only mine-to-mill, fully integrated beryllium producer.